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    <title>2019 (8) TMI 829 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL NEW DELHI</title>
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    <description>The appeal under Section 421 of the Companies Act, 2013 regarding dispensation of meetings of Unsecured Creditors and Shareholders in a scheme of arrangement/amalgamation was allowed. The impugned order declining dispensation was set aside, and the matter was remanded to the Tribunal for fresh consideration in line with established legal principles and precedents. The Appellants successfully argued that the Tribunal should have followed legal precedents and judgments from Coordinate Benches, emphasizing the principle of judicial discipline in decision-making.</description>
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      <description>The appeal under Section 421 of the Companies Act, 2013 regarding dispensation of meetings of Unsecured Creditors and Shareholders in a scheme of arrangement/amalgamation was allowed. The impugned order declining dispensation was set aside, and the matter was remanded to the Tribunal for fresh consideration in line with established legal principles and precedents. The Appellants successfully argued that the Tribunal should have followed legal precedents and judgments from Coordinate Benches, emphasizing the principle of judicial discipline in decision-making.</description>
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